What am I being buzzed by?

Last year the show was canceled because of government sequestration. This clip is from 2012.

This event began in Cleveland in 1929 as the National Air Races. Holding the races in Cleveland gave a big push to industry in this city.

The event circulated to different cities for nine years and was finally brought to Cleveland in 1929 by a group of local businessmen headed by Louis W. Greve and Frederick C. Crawford. Greve was president of the Cleveland Pneumatic Tool Company, which made the hydraulic undercarriages that held the wheels on airplanes. Crawford was general manager and later president of Thompson Products Inc., now a part of TRW Inc. Thompson Products developed the experimental sodium-cooled cylinders, which enabled Charles Lindbergh’s Spirit of St. Louis to reach France.

The inaugural event in 1929 attracted an estimated 300,000 spectators, and took place over 20 days.